If you are betting on a -200 favorite, you need to lay $200 to profit $100, and you would collect $300 if your team wins.
If you are looking to play the favorite on the moneyline, the number you see on the odds board is the number that you need to lay in order to win $100. How Much Can I Win by Betting on the Moneyline? That’s a concept that even the most novice of bettors can grasp onto. Placing a moneyline bet is simply a wager on the team that wins the game.
New bettors that aren’t ready to attack point spreads and totals will often start with moneyline bets. Moneyline betting is a great introduction into the complex world of sports betting. Conversely, betting on an underdog on the moneyline will earn a larger profit. Since there is no point spread involved, betting on the favorite requires you to bet more to win a desired amount on the moneyline. You are simply making a selection on the winner of the contest. There are no point spreads, over/unders or any other factors that go into the bet. Betting on the moneyline means you're just picking the winner of the game.